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Cyber Security: Technologies and Global Markets

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New York, April 25, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Cyber Security: Technologies and Global Markets” – https://www.reportlinker.com/p04316851/?utm_source=GNW

Applications for the market are segmented into BFSI, defense and intelligence, healthcare, retail, IT and telecommunications, government, and others, which includes the education and manufacturing sectors. The present cybersecurity market offers an opportunity to stakeholders largely because of a surge in cloud-based services and the increased use of the internet for online financial transactions.

This report highlights different solutions in the cybersecurity market, which include identity and access management (IAM), encryption, data loss protection (DLP), firewalls, antivirus and antimalware, disaster recovery, risk and compliance management, and other solutions.Other types of solutions include unified threat management (UTM), distributed denial of service mitigation and web filtering.

In addition, the report offers major regional analysis of North America, Europe, Asia-Pacific, the Middle East and Africa. The estimated and forecast market revenue considered in this report is the summation of prices for software, hardware and subscription services.

This report also offers insights on drivers, restraints and opportunities for the market, which was gathered through primary and secondary research.Strategies adopted by companies in the cybersecurity market are provided so readers can analyze ongoing trends in the market.

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The report provides market share analyses and key vendor profiles for the top cybersecurity companies.

COVID-19 has had a massive impact on society since the start of 2020.This report considers the impact of COVID-19 and the economic slowdown it created.

With people relying more on technology, cyberattacks have increased. It is expected that the demand for cybersecurity solutions will increase and boost the cybersecurity market.

Report Includes:
– 79 data tables and 87 additional tables
– An up-to-date review and analysis of the global markets for cyber security technologies
– Analyses of the global market trends, with data from 2020 to 2021, estimates for 2022 and 2024, and projections of compound annual growth rates (CAGRs) through 2026
– Highlights of the upcoming market potential for cyber security industry, and areas of focus to forecast this market into various segments and subsegments
– Evaluation and forecast the global cyber security market size, projected growth trends, and corresponding market share analysis by type, solution, deployment mode, organization size, end-user industry and region
– Discussion of the key market dynamics (DROs) in the cyber security industry, technology updates, value chain analysis, and COVID-19 implications on the progress of this market
– Insight into recent industry structure, current competitive scenario, major growth strategies, and company value share analysis based on their segmental revenues
– Descriptive company profiles of the leading global players, including Accenture PLC, Dell Technologies Inc., IBM Corp., Microsoft Corp. and Thales Group

Summary:
The Internet has become a vital part of the daily life of today’smodern society due to its ease of information sharing, accessibility, messaging and applications, among others.The expanding number and variety of connected devices, alongwith digital services, continue to create security challenges forboth businesses and individuals.

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Combinedwith the increasing complexity of IT systems, tightening regulations and increasing significance of geopolitics, these trends are driving demand for security products and services.However, the convenience offered by the Internet, aswellas Intranet, also increases the chances of cyberattacks if users do not implement cybersecurity solutions.

Cybersecurity challenges are growing along with the expansion of the internet, and in turn, the hacking world is growing more quickly as well.

Cybersecurity is a concerningmatter to individuals, small-scale businesses and large organizations as cyber threats and attacks are growing.Attackers are nowusing more sophisticated techniques to target the systems.

So, all types of organizations,whether ITor non-ITfirms, understand the importance of cybersecurity and are focusing on adopting all possible measures to dealwith cyber threats.Cyberattacks are planned attacks on the internet that aim to realize unauthorized access to an individual’s or organization’s private data.

These security challenges are bound to be exacerbated as the internet becomes more and more convenient for a variety of everyday applications including banking, online bill payments, online shopping, online entertainments services,messaging and sharingmedia, among others. As per IBM’s Cost of a Data Breach Report 2021, the data breach costs rose by 10% on average, year-over-year, from
REDACTED in 2020 to REDACTED in 2021. In addition, the remoteworking and digital transformation due to the COVID-19 pandemic increased the average total cost of a data breach to REDACTED.

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The advances in various technologies such as cloud computing,wireless, bring yourown device (BYOD), telemedicine, the internet of things (IoT), artificial intelligence (AI) and others have created a newavenue for dangerous cyberattacks and other internet-based threats. This has increased the need forend-user organizations and technology service providers to implement robust securitymeasures.With the rise of cybercrime, systematic crime, and the risk of data loss and hacking, cybersecurity has become a necessity for businesses. Cybersecurity is the process of protecting internet-connected systems, including hardware, software and data fromcyberattacks. Security,which is designed tomaintain the confidentiality, integrity and availability of data, is a subset of cybersecurity.

Cyberattacks can be extremely expensive forbusinesses to endure.In addition to financial damage suffered by the business, adata breach can also inflict untold reputational damage.

According to Cybercrime Magazine, cybercrime will cost the world REDACTED annually by 2025.Furthermore, global cybercrime costs are predicted to rise by almost REDACTED yearly over the next four years.

Concepts such as the pandemic, cryptocurrency and the rise in remoteworking are coming together to create a target-rich environment forcriminals to take advantage of. Regulations such as the GeneralData Protection Regulation (GDPR) areforcing organizations to take better care of the personalda ta an individual holds.
Read the full report: https://www.reportlinker.com/p04316851/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

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GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

VeriPark and FICO Announce Strategic Partnership to Transform Financial Services

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ISTANBUL, June 26, 2024 /PRNewswire/ — VeriPark and FICO have launched a partnership to revolutionize the financial services sector through AI-driven decision making and digital transformation.

 
The collaboration between VeriPark, a global provider of innovative digital solutions, and FICO, a renowned analytics software company, will enhance decision-making and promote financial inclusion across Turkey, the Middle East, Africa, Asia and CIS regions.
Combining FICO’s decision automation, optimization and omnichannel communications capabilities with VeriPark’s customer engagement, omni-channel delivery, branch automation and loan origination solutions, the partnership aims to improve customer experience and accelerate digital transformation.
“We are excited to bring FICO’s cutting-edge technology to our region. This collaboration will enhance customer experiences and operational efficiency across the financial services sector. Integrating FICO’s technology with our solutions represents a significant leap forward, ensuring we stay ahead in a rapidly changing environment. We look forward to showcasing our joint success stories soon,” said Ozkan Erener, CEO of VeriPark.
“The combination of FICO and VeriPark’s strengths brings a unique blend of innovation to the market. Our goal is to help build a better society by bringing more people into the banking system, and our partnership with VeriPark is a critical step towards achieving that. FICO has been working with AI since 1992, and we are eager to introduce this long-standing expertise to businesses in this region through our collaboration with VeriPark.” said Alexandre Graff, Vice President of Global Partners & Alliances, FICO.
About VeriPark (https://www.veripark.com)VeriPark is a global solutions provider enabling financial institutions to become digital leaders with its Intelligent Customer Experience suite. With offices located in United Kingdom, Europe, the United States & Canada, Asia, Africa and the Middle East, VeriPark is helping businesses to enhance their customer acquisition, retention and cross-sell capabilities by providing proven, secure and scalable Customer Relationship Management, Omni-Channel Delivery, Branch Automation, and Loan Origination solutions.
About FICO (https://www.fico.com/)FICO powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries.
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Artificial Intelligence

Altair Names Devoteam Channel Partner for the EMEA Region

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Devoteam to offer Altair’s leading data analytics and AI solutions throughout the EMEA region
TROY, Mich., June 26, 2024 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational intelligence, is thrilled to welcome Devoteam as a new channel partner for the EMEA region. Within the partnership, Devoteam will offer Altair’s leading data analytics and artificial intelligence (AI) solutions to its customers throughout the EMEA region.

“Partnering with Devoteam underscores our dedication to shaping the future of technology,” said Kimon Afsaridis, managing director of Eastern Europe and vice president of indirect EMEA sales, Altair. “This partnership marks a pivotal moment in our global expansion strategy, reinforcing our mission to lead and innovate in AI and beyond.”
“Together, Devoteam and Altair will help industrial companies harness the power of data to improve their efficiency, productivity, and competitiveness,” said Pablo Martin, industry and retail business unit director, Devoteam. “This collaboration is an important step in our commitment to help companies, particularly in the industrial sector, better their digital transformation efforts.”
Devoteam boasts more than 25 years of passion for tech and more than 11,000 tech-native specialists in offices in 25 countries. The company believes that technology combined with strong human values can drive change for the better, and specializes in managing large-scale projects while remaining agile enough to deliver customized solutions.
Altair works with a global network of channel and technology partners. To learn more or to become a partner, visit https://altair.com/altair-partners.
About Altair
Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit https://www.altair.com.
Media contacts
Altair Corporate
 Altair Investor Relations
Bridget Hagan
 Stephen Palmtag
+1.216.769.2658
+1.669.328.9111
[email protected]
 [email protected]
Altair Europe/The Middle East/Africa 
Charlotte Hartmann
+49 7031 6208 0
[email protected]
 
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Artificial Intelligence

IBM Study: Fan Engagement and Consumption of Sports Shifting, Reveals New Opportunities for Technology Integrations including AI

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ibm-study:-fan-engagement-and-consumption-of-sports-shifting,-reveals-new-opportunities-for-technology-integrations-including-ai

International sports fans surveyed are optimistic about the impact of technologies like AI on their digital sports experiences.Real-time updates and personalized content rank as top priorities for fans when it comes to how generative AI can enhance following and engaging with sports events.Younger sports fans overwhelmingly embrace AI-powered experiences and digital platforms for sports content consumption and engagement.ARMONK, N.Y., June 26, 2024 /PRNewswire/ — As sports fans worldwide tune in to a myriad of athletic events this summer, new research commissioned by IBM (NYSE: IBM) reveals a growing generational shift and acceptance of technology-driven experiences that will impact the future of sports consumption.

The international study*, conducted by Morning Consult, gathers insights from more than 18,000 sports fans across 10 countries to better understand both how they follow and engage with sports, including live coverage, highlights, and summaries, as well as preferences for future engagement and consumption. The findings confirm that fans are prioritizing more personalized and time-saving digital sports content, with the majority recognizing the positive impact technologies like artificial intelligence (AI) will have on these experiences.
The data also confirms that younger sports fans are more likely to favor AI-enhanced features as they increasingly turn to digital platforms for sports content. Surveyed fans aged 18-29 are using a mobile phone or tablet as their primary device to watch sporting events more often than older fans, with subscription streaming of live sporting events being most popular among the younger age group. More than half (58%) of 18-29 year old respondents also believe AI will have a positive impact on sports.
Alternatively, respondents from older age groups remain loyal to traditional methods of consumption, with linear broadcasting being most popular among fans 45+. Forty percent of surveyed fans over the age of 55 believe AI will have a positive impact on sports.
“Fans worldwide are continuing to embrace platforms and solutions that allow them to feel more connected and informed on their favorite sporting events and athletes, and IBM’s new study confirms this now includes embracing technologies like AI to deliver these experiences,” said Noah Syken, Vice President, Sports and Entertainment Partnerships. “IBM’s longstanding portfolio of Sports and Entertainment partnerships aims to deliver on these expectations from fans by putting in the hands of our partners the most advanced IBM technologies from our AI and data platform watsonx.”
Other key study findings include:
Fans are optimistic about the impact of technology on sports, paving the way for generative AI powered experiences
63% of respondents point to data analytics as having the most positive impact on sports, while 50% of respondents think AI will have a positive impact.When it comes to how generative AI can improve engagement, surveyed sports fans identify real-time updates (34%) and personalized content (29%) as the top priorities.India, UAE and Saudi Arabia rank the highest in countries where fans are prioritizing real-time updates and personalized content powered by generative AI.Fans now prioritize personalized, bite-sized content when it comes to their consumption of sport content
More than half (56%) of respondents turn to social media for additional sports content; 46% are getting additional content from broadcast/video news while 35% are turning to news articles.64% of those fans engaging in additional sports content are viewing highlight videos of best moments; 48% are consuming post-match recaps and analysis.Among those engaging in additional sports content, respondents rank summarized content (33%) as their top priority followed by personalized content (26%).Sports fans are watching event summaries more often, with 41% of respondents indicating they watch summaries or highlights weekly; 24% report daily engagement.Younger fans may be reshaping how consumers experience sports content, as they engage with content via multiple screens and are more likely to favor AI-powered enhancements
Younger fans (18-29) are most likely to view sports highlights through social media over other platforms.When it comes to consuming sports content, fans aged between 18-29 are more likely to rank personalized content as their top priority.Fans aged 18-29 are more likely to rate AI improvements as high priority, with real-time updates (40%) and personalized content (36%) topping the list of priorities.While real-time updates (26%) and personalized content (19%) also top the list of AI improvement priorities among older fans (55+), these respondents are much less likely to consider AI improvements a high priority.Younger fans are also more likely to be using multiple devices while engaging with sporting events than older fans (55+). 10% of younger fans surveyed use three or more devices while watching sports compared to only 2% of older fans.While TV is the most common method for viewing sports, fans are increasingly using multiple devices to follow sporting events
64% of surveyed fans say linear or streaming TV is their top choice for watching sports.31% of respondents say they are most likely to watch a live sporting event on linear broadcast; 28% say they use a subscription streaming service and 23% use a free streaming serviceSubscription streaming of live sporting events is most popular among younger fans aged between 18-29.Mobile devices are a noteworthy alternative for watching sports, with 20% of consumers reporting it is the top way they watch sporting events and 38% saying it is their second most likely options.28% of surveyed sports fans use at least two devices while watching sporting events; 24% report they use at least two devices while listening to sportsFans between 18-44 are more likely to be using three or more devices.Respondents rank multi-tasking as the top reason for using multiple devices when consuming sports, followed by finding more game information while watching or listening to the sport.To view the full study, visit: https://newsroom.ibm.com/image/IBM+Global+Sports+Attitudes+and+Behaviors+Report+June+2024.pdf
*Study MethodologyThis survey was conducted in May 2024 among a total sample of 18,082 sports fans 18+ in the US, Canada, the UK, France, Germany, Italy, Spain, India, the UAE, and Saudi Arabia. The interviews for each country were conducted online, and the data is unweighted, with ~2,000 responses per market in the US, Canada, the UK, France, Germany, Italy, Spain, and India and ~1,000 responses per market in the UAE and Saudi Arabia.
To qualify for this survey respondents must be at least an average sports fan and follow one or more of the following sports: Soccer, Cricket, Tennis, Basketball, Baseball, Rugby, Golf, American football, F1 racing, Track and field, Swimming, and the Olympics.
About IBMIBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.
Media Contacts:
Sarah BenchaitaIBM Corporate [email protected]
Marisa ConwayIBM Corporate [email protected]
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